Australian shares fell 0.6 per cent as banks led losses, with CBA down more than 2 per cent after chief executive Matt Comyn told shareholders it could take time for higher rates to bring inflation back to target. SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey, portfolio manager at Wilson HTM, about investor sentiment, rising global rates and Glencore’s ASX debut. The discussion also explores what investors are being told and where opportunities may lie.
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
Listen to more episodes of SBS On the Money , and follow the show on the SBS Audio app , Apple Podcasts , Spotify or wherever you get your podcasts.
For the latest news from Australia and around the world, visit SBS News and follow us on YouTube , TikTok , Instagram , Facebook and X .